公司多元化的生产力效应*

IF 1.7 4区经济学 Q3 BUSINESS, FINANCE

Journal of Industrial Economics Pub Date : 2023-11-17 DOI:10.1111/joie.12370

Germán Bet

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引用次数: 0

摘要

本文研究了企业多元化对生产率的影响。我估计了一个允许多样化决策影响未来生产力的模型。我将该模型应用于美国制造业公司的一个小组，以衡量多元化对生产率的影响。我的估计表明，多样化在解释不同生产单位和时间的生产率差异方面起着关键作用。多样化的平均生产力效应估计在生产单位一级是积极的。但是，不同生产单位和活动部门的影响差别很大，主要取决于已经达到的生产率。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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The Productivity Effects Of Corporate Diversification*

This paper studies the productivity effects of corporate diversification. I estimate a model that allows diversification decisions to affect future productivity. I apply the model to a panel of U.S. manufacturing firms to measure the impact of diversification on productivity. My estimates suggest that diversification plays a key role in explaining differences in productivity across productive units and time. The average productivity effect of diversification is estimated to be positive at the productive unit level. However, the effect varies considerably across productive units and sectors of activity, depending crucially on already attained productivity.

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来源期刊

Journal of Industrial Economics Multiple-

CiteScore

1.60

自引率

0.00%

发文量

期刊介绍： First published in 1952, the Journal of Industrial Economics has a wide international circulation and is recognised as a leading journal in the field. It was founded to promote the analysis of modern industry, particularly the behaviour of firms and the functioning of markets. Contributions are welcomed in all areas of industrial economics including: - organization of industry - applied oligopoly theory - product differentiation and technical change - theory of the firm and internal organization - regulation - monopoly - merger and technology policy Necessarily, these subjects will often draw on adjacent areas such as international economics, labour economics and law.